MonitorDirect · GrowthWatch before adding
Invesco India Corporate Bond Fund
Invesco Mutual FundIncome/Debt Oriented Schemes - Corporate Bond Fund13.8 years
- NAV
- 3,597.9444
- 29 Oct 2026
- 1Y
- +3.2%
- Trailing CAGR
- AUM
- ₹3,477.81 Cr
- 30 Sept 2026
- Volatility
- n/a
- History still thin
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Watch if · Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Prefer peers if · Prefer BARODA BNP PARIBAS CORPORATE BOND FUND if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.29% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -4.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
22% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 37.2% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.2%
- 3Y+6.8%
- 5Y+6.0%
- 10Y+6.4%
- SI+49.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.7%
- 3Y+5.6%
- 5Y+6.2%
- 10Y+6.4%
- Since inception
- +49.6%
- Calendar-day CAGR
- Excess 1Y
- -0.8%
- Category median, same plan and option
- 3Y win rate
- +22%
- Windows beating the median
- 3Y percentile
- 13
- Vs comparable share classes
- SIP 3Y XIRR
- +5.6%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.5%
- 2619 daily-ending windows
- Median rolling 3Y
- +7.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2136 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -4.7%
- Worst peak-to-trough
- Current
- -1.1%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +62%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 267 recovered episodes
- Longest recovery
- 280 days
- Trough to prior peak
24 Nov 2016 – 19 Jun 2017
Trough 10 Mar 2017 · recovered in 101 days
-4.7%
27 May 2013 – 13 Jan 2014
Trough 19 Aug 2013 · recovered in 147 days
-4.1%
1 Sept 2017 – 23 Oct 2018
Trough 16 Jan 2018 · recovered in 280 days
-3.1%
4 Mar 2020 – 17 Apr 2020
Trough 24 Mar 2020 · recovered in 24 days
-2.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
13
Vs category
45
Consistency
30
Risk-adjusted
n/a
Drawdown
88
Mean
44
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Portfolio
30 Sept 2026 · 88 holdings · top 10 are 37.2%.
- Top 5
- 23.1%
- Top 10
- 37.2%
- Largest holding
- 7.2%
- Effective holdings
- 42.1
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
7.2%
PIPELINE INFRASTRUCTURE LIMITED SR 3 7.96 NCD 11MR29 FVRS1LAC
Industrials
5.3%
GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100
Entities
3.7%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26B 6.85 BD 19JN29 FVRS1LAC
Financial
3.5%
Repo
Unspecified
3.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BARODA BNP PARIBAS CORPORATE BOND FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.6%
- Vol
- 1.3%
- Max DD
- -2.3%
- Sharpe
- 0.52
- 3Y win
- +94%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
AXIS Corporate Bond Fund
Axis Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.4%
- Vol
- 2.0%
- Max DD
- -3.8%
- Sharpe
- 0.71
- 3Y win
- +83%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
HSBC Corporate Bond Fund
HSBC Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.2%
- Vol
- 1.1%
- Max DD
- -0.7%
- Sharpe
- 0.92
- 3Y win
- +32%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Kotak Corporate Bond Fund
Kotak Mahindra Mutual Fund
- 1Y
- +3.8%
- 3Y
- +7.1%
- Vol
- 1.1%
- Max DD
- -1.9%
- Sharpe
- 1.31
- 3Y win
- +83%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
UTI - Corporate Bond Fund
UTI Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.0%
- Vol
- 1.7%
- Max DD
- -3.0%
- Sharpe
- 0.84
- 3Y win
- +57%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER